The total deficit of defined benefit (DB) schemes improved marginally, latest Pension Protection Fund (PPF) data reveals.
The lifeboat fund said the 5,794 DB schemes in the PPF 7800 Index had an aggregate deficit of £232.3bn on a section 179 basis at the end of May, down from £245.6bn at the end of April. Over the month...
The trustees of GKN Group's Pension schemes have warned Melrose Industries about its recent the pension funding position, following a bid to take over its the business.
Hymans Robertson has appointed Baljit Khatra as a risk transfer consultant as the firm prepares for the busiest year ever for the bulk annuity market.
Just and the International Longevity Centre (ILC) UK have joined forces to develop creative solutions to tackle vulnerability in later life.
Four in five members of UK pension schemes do not know how to utilise savings pot for retirement, according to research by MFS International.